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• W2041007489 abstract "The results of an asset market experiment, in which sixty-four subjects trade two assets on eight markets in a computerized continuous double auction, indicate that objectively irrelevant information influences trading behavior. We find that positively and negatively framed information leads to a particular trading pattern, but leaves trading prices and volume unaffected. The experiment also provided support for the disposition effect. Participants who experience a gain sell their assets more rapidly than participants who experience a loss, and positively framed subjects generally sell their assets later than negatively framed subjects." @default.
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• W2041007489 date "2005-06-01" @default.
• W2041007489 modified "2023-09-25" @default.
• W2041007489 title "Framing Effects, Selective Information, and Market Behavior: An Experimental Analysis" @default.
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• W2041007489 doi "https://doi.org/10.1207/s15427579jpfm0602_4" @default.
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